Thursday, March 13, 2014

The Volatility of Bitcoin versus the Raging Out of Control Argentine Peso

From an analysis of Bitcoin by Goldman Sachs:


Goldman concludes at the end of its report:
So where does that leave us? With the conclusion that bitcoin likely can’t work as a currency, but some sense that the ledger- based technology that underlies it could hold promise. 

at 4:57:00 PM

2 comments:

  1. AnonymousMarch 13, 2014 at 9:48 PM

    Yes, and the volatility was "up". :)

    ReplyDelete
    Replies
    1. Danger PioneerMarch 14, 2014 at 9:32 AM

      I'm not sure you understand the definition of "volatility"

      Delete

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